Front page news in Bozeman is the disappointment that Greg Mortenson did not get the prize (Three Cups of Tea, building schools for girls in remote areas of Afghanistan & Pakistan). Mortenson's home and HQ is Bozeman. Here is a quote from him regarding the award to the President.
"The Nobel Peace Prize decision was very interesting," said Mortenson, whose Bozeman-based Central Asia Institute builds schools, especially for girls, in remote areas of Pakistan and Afghanistan. "This is a mandate that puts tremendous pressure on a really young new president who has yet to commit to some resolve and action in the world.

"Obviously the prize is being given with the hope that it might give Obama leverage as he begins his peace efforts in the world," Mortenson said early Friday morning.

the rest of the article here.